These Are The Top 3 Tesla Shareholders
Individuals, not institutions.
Of course, yesterday’s news caused quite the stir and the future of Tesla may be different than it is today, but let’s explore this in the current, regardless of what the outlook may now be.
Tesla became a public company back in 2010, launching its IPO at $17 a share. Since then its stock has risen to more than $377 per share and with it the fortunes of its shareholders. Some of the largest of those are, of course, financial institutions and among their number T. Rowe Price leads the way with 15,625,798 shares.
But those are faceless corporations. Who are the individuals with the largest slices of $TSLA pie?
Click through the slides above to see who they are.
*Stock holdings accurate through June 12, 2018.
3. Deepak Ahuja
22,070 shares directly held, 38,989 held through a trust
The third largest number of Tesla shares is owned by the automaker's latest Chief Financial Officer (CFO) Deepak Ahuja. He was also the company's first CFO, originally coming on board in July of 2008 after a 15-year stint at Ford Motor Company. He had retired in 2015, but came back after his replacement, Google’s former VP of Finance Jason Wheeler stepped down in early 2017.
Ahuja's previous work experience, combined with an M.B.A from Carnegie Mellon University, a M.S. degree in Materials Engineering from Northwestern University, and a Bachelor of Technology in Ceramic Engineering from Banaras Hindu University in India makes him an extremely valuable asset to the team and well worth his accumulated holdings.
2. J.B. Straubel
Another insider, Jeffrey Brian Straubel — known to the world as J.B. — is considered a co-founder of Tesla. He is the Chief Technology Officer, putting his Stanford University engineering master's degree to good use managing the development and engineering of the company's products.
Before joining the automaker, he co-founded and was CTO of Volcom, a company involved in the development of a high-altitude electric aircraft. He had also built a number of electric vehicles, including a 1984 Porsche 944 with which he set a drag racing world record in its NEDRA class.
1. Elon Musk
If he can manage to achieve his ambitious goals for the company, and build its market capitalization to $551 billion over the next ten years, that pile of paper will only grow. The board approved a compensation package that will award him 12 tranches of stock options equal to 1 percent of outstanding shares if he can hit the required high notes.
As of August 7, 2018, Musk had an estimated net worth of $21.2 billion.